The Healthcare Business Management Association (HBMA), a non-profit professional trade association, is a major voice in the revenue cycle management industry in the United States. HBMA is a recognized revenue cycle management (RCM) authority by both the commercial insurance industry and the governmental agencies that regulate or otherwise affect the U.S. healthcare system.
HBMA was formed in 1993 by a talented group of RCM professionals who wanted to give back to the industry by providing opportunities for education, advocacy and networking. The HBMA membership represents more than 47,000 employees at nearly 500 revenue cycle management firms and professional billing departments. An increasing number also offer accounts receivable management, consulting, electronic medical record services and practice management functions.
Although HBMA membership includes some of the nation's largest billing companies (1,000+ employees submitting millions of claims), the typical HBMA member is a small to medium sized business employing, on average 5 - 100 individuals. Nearly half of HBMA members have clients in more than one state.
HBMA provides education, advocacy, collaboration and certification for healthcare billing professionals and providers engaged in the business and technology of healthcare revenue cycle management.
To be an invaluable and influential resource for healthcare revenue cycle and business management services.
HBMA values the highest level of professionalism, integrity and compliant business practices in every aspect of our industry. We expect transparency and accountability from our leaders while ensuring the continued growth of the Association by providing valuable benefits and resources to our members and other industry stakeholders.
HBMA is serious about ethics and integrity. With the objective of eliminating unethical practices from the industry, HBMA partnered with the Department of Health and Human Services' Office of the Inspector General to write compliance plan guidelines for third-party medical billing companies. In addition, the association has developed the Medical Biller's Code of Ethics, which members agree to adhere to.